Dividend-linked stock change reported by Kforce (NASDAQ: KFRC) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kforce Inc. director N. John Simmons reported an administrative change in his share holdings. The Form 4 shows an "other" transaction involving 48 shares of common stock on March 6, 2026, tied to a previously declared $0.40 per-share cash dividend. The filing notes a change in the form of beneficial ownership that is exempt under Rule 16a-13, and states that additional restricted shares were received in connection with the dividend and will vest under existing restricted stock agreements. Following this update, Simmons directly holds 20,604 common shares, including 3,352 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIMMONS N JOHN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 48 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,604 shares (Direct)
Footnotes (1)
- The transaction is disclosing a change in the form of beneficial ownership from direct to indirect that is exempt from reporting under Rule 16a-13. On January 30, 2026, the issuer declared a cash dividend of $0.40 per share of common stock, payable March 20, 2026 to all shareholders of record on March 6, 2026 (the "Dividend"). The additional shares of restricted stock were received by the reporting person in connection with the Dividend and will vest in accordance with the terms of the reporting person's outstanding restricted stock agreement(s). Includes 3,352 shares of restricted stock.
FAQ
What insider transaction did Kforce (KFRC) director N. John Simmons report?
Director N. John Simmons reported an "other" Form 4 transaction involving 48 Kforce common shares. The filing describes this as an administrative change in beneficial ownership rather than a market buy or sell, and classifies it as a restructuring-type event under code J.
What dividend details are connected to the Kforce (KFRC) Form 4 filing?
The filing notes Kforce declared a $0.40 per-share cash dividend on January 30, 2026. It is payable on March 20, 2026, to shareholders of record on March 6, 2026, and additional restricted shares were received in connection with this dividend by the reporting person.
What does the "other" transaction code J mean in the Kforce (KFRC) Form 4?
Transaction code J in this Kforce Form 4 represents an "other acquisition or disposition" of common stock. The transactionSummary classifies it as restructuring, and a footnote explains it reflects a change in the form of beneficial ownership exempt under Rule 16a-13, not a normal trade.